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Schneider Electric, the global specialist in energy management and automation, announced that it has signed an agreement to acquire Asco Power Technologies (”ASCO”), a leader in the Automatic Transfer Switch (“ATS”) market for a consideration of $1,250m (c.€1,072m) in an all cash transaction. The acquisition enhances Schneider Electric’s EcoStruxur...

Schindler India, leading providers of escalators and elevators, a 100% owned subsidiary of Schindler Group is set to invest Rs. 170 crores to expand its manufacturing facilities by setting up India’s first Escalator manufacturing line and towards improving its Research and development facilities at its plant near Chakan in Pune. These investments w...

Essar Power MP Ltd. today stabilised operations in Unit II of its 2x600 MW Mahan power plant. The company has secured coal through a Government-conducted e-auction for the plant. Essar Power Ltd built the plant, which is located in Madhya Pradesh’s Singrauli district, at a cost of more than Rs 8,000 crore. It requires approximately 5.5 million tonn...

OMRON, a global leader in advanced industrial automation, is showcasing its innovative and futuristic solutions, including IIoT and robotics, at the ongoing Automation Show-2017 in Mumbai.
India is projected to become the fifth largest manufacturing country in the world by 2020 which would significantly increase the sector’s contribution to the GD...

Solar Industries India Ltd (SIIL), the country’s largest manufacturer and exporter of industrial explosives and initiating systems, today reported its financial results for the first quarter ended June, 2017.
The company’s net profit jumped by 16.28% to 54.78 crore during Apr-June 2017 quarter as compared to Rs. 47.11 crore of the corresponding qu...

Solar Industries India Ltd (SIIL), the country’s largest manufacturer and exporter of industrial explosives and initiating systems, today reported its financial results for the first quarter ended June, 2017.
The company’s net profit jumped by 16.28% to 54.78 crore during Apr-June 2017 quarter as compared to Rs. 47.11 crore of the corresponding qu...

Aimed at expanding its footprint in the Urban Transportation Sector as part of its diversification initiatives, Bharat Heavy Electricals Limited (BHEL), has entered into a Technology Collaboration Agreement with Kawasaki Heavy Industries, Ltd. (KHI), Japan for the manufacture of stainless steel coaches and bogies for metros.
To this effect, the Te...

Century LED, a futuristic lighting company headquartered in Kolkata, has unveiled its new product-- ‘Power House’ in its Magik Light range. Century LED Ltd has its range of products under the name of MAGIK which encases the vision of the company to “Transform Spaces.”
Power House from the MAGIK range has been designed keeping in mind about the ret...

Building on huge potential in hydropower
While India will long rely on coal to power economic growth, the government is striving to address environmental issues and to promote diversification in the power sector. In fact, India is attempting to do something no other country has ever done before: advance rapid growth to become an industrialized e...

A short circuit in your electrical switch board or panel box takes mere 30 seconds for a small flame to get completely out of control. How then can you protect your property and life?
PyroSecure, a brand owned by DNY Hospitality Pvt Ltd, has the solution to no more fire accidents due to short circuits. It has launched two unique technology product...

Indian Railways contributes to the enduring success of the nation’s growth story through its pivotal role in ensuring reliable, safe and secure transportation of people, goods and services. With a focus on modernization, expansion of rail networks and energy efficiency, Siemens has been a trusted partner of the Indian Railways for the last six deca...